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KyOwa, Jul-Sep (2Q) Ordinary Profit Increases by 18%
6570 KyOwa CORPORATION CO.,LTD. 【J-GAAP】
Earnings ReportKyOwa CORPORATION CO.,LTD. <6570> [TSE Std] announced its financial results in the afternoon session on November 12th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 27.0% from the same period last year, reaching 0.77 billion yen, resulting in an increase in profits compared to the previous forecast of a 2.0% decrease.
Progress toward the full-year plan of 1.29 billion yen was 60.0%, also surpassing the five-year average of 39.8%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 23.4% from the same period last year to 0.51 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 18.3% from the same period last year, reaching 0.54 billion yen. However, the operating profit margin decreased from 10.3% in the same period last year to 10.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 7,188 | 599 | 612 | 339 | 57.1 | 55.1 | Nov 10, 2023 | J-GAAP |
| Apr - Sep, 2024 | 8,181 | 617 | 612 | 373 | 62.7 | 47.5 | Nov 13, 2024 | J-GAAP |
| Apr - Sep, 2025 | 9,713 | 786 | 777 | 474 | 79.6 | 60.0 | Nov 12, 2025 | J-GAAP |
| YoY | +18.7% | +27.4% | +27.0% | +27.1% | +26.9% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 8,998 | 613 | 600 | 366 | 61.4 | 12.50 | Sep 16, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 9,713 | 786 | 777 | 474 | 79.6 | 12.50 | Nov 12, 2025 | J-GAAP |
| Revision Rate | +7.9% | +28.2% | +29.5% | +29.5% | +29.7% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 8,524 | 677 | 676 | 544 | 91.3 | 10 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 8,587 | 534 | 518 | 320 | 53.6 | 12.50 | Nov 12, 2025 | J-GAAP |
| YoY | +0.7% | -21.1% | -23.4% | -41.2% | -41.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 14,580 | 1,082 | 1,111 | 646 | 108.7 | 20 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 16,705 | 1,294 | 1,288 | 917 | 154.0 | 20 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 18,300 | 1,320 | 1,295 | 794 | 133.0 | 25 | Sep 16, 2025 | J-GAAP |
| YoY | +9.5% | +2.0% | +0.5% | -13.4% | -13.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 4,502 | 464 | 459 | 280 | 47.1 | 10.3 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 3,974 | 165 | 163 | 103 | 17.3 | 4.2 | Feb 10, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,550 | 512 | 513 | 441 | 74.1 | 11.3 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 4,357 | 238 | 234 | 142 | 23.9 | 5.5 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 5,356 | 548 | 543 | 332 | 55.8 | 10.2 | Nov 12, 2025 | J-GAAP |
| YoY | +19.0% | +18.1% | +18.3% | +18.6% | +18.4% |
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